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Rough rice stocks fall on smaller crop
A smaller rice crop last year is leading to tighter supplies this year. The USDA says that rough rice stocks at the start of the marketing year on August 1st, 2022 were 32.773 hundredweight, a decline of 13% on the year following a 16% drop in production from 2020 to 2021.
Most of that is held off farm, 29.78 million hundredweight, waiting to either be exported or to be processed and used for domestic food and beverage production, with on farm stocks of 2.903 million hundredweight. 63% of the U.S. rough rice supply is long grain at 63%, with medium grain at 35% and short grain at 2%.
Milled rice stocks were 4.866 million hundredweight, up 15% on the year, most of that whole kernel rice, all held off farm.
The USDA’s next set of supply, demand, and production estimates is out September 12th.
Comparisons for Brownfield states:
Arkansas: Rough Rice: 17.308 million hundredweight, compared to 22.527 million on August 1st, 2021; Milled Rice: 1.751 million hundredweight, compared to 1.409 million a year ago
Missouri: Withheld to avoid disclosing data for individual operations
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